If you bought $10,000 worth of goods in a year subject to an average tariff of 20% you now have paid an additional lug of $2000 that has no tangible benefit to you. Big ticket items like foreign cars, stoves and refrigerators are not made here and until such time as they are, we are stuck with large tariffs!
The suppliers are not paying the tariff, you are. The tariff collected is then paid to the US government where it is placed in the General Fund and from there accountability is a blur. The government is hinting that the collected revenues would pay down the national debt or perhaps even a check paid out to individual citizens as a bonus.
A $1000 bonus paid to all citizens is in the billions range and to date it is reported that the amount collected so far is about $100 Billion. So, the math says we likely we will recover only a small percentage if any at all.
There is a cure and perhaps a silver lining... stop buying stuff and put a break on your consumerism. Do you really need a new car? The old stove or refrigerator may be dated but still working. Do I really need to build transceiver #60.
Exempt of course are golf weekends and a white house ballroom makeover as these are simple image necessities that project power and superiority.
Them that know can make things go.
I did find IRF510's for $0.69 cents each at Jameco Electronic plus a 20% tariff.
.webp)
73's
Pete N6QW